🐋 Beyond watching the charts, there’s more you should know: Tokenomics
Tokenomics focuses on how tokens are issued and distributed, what they’re used for, and how their supply can be reduced.
A token’s real-world utility and demand matter more than its total supply. A burn mechanism only affects the supply side.
$ETH has no fixed maximum supply, but some transaction fees are burned, so its supply can rise or fall depending on on-chain activity. Current: 2431.2.
Don’t place an order just because everyone around you is doing it.